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Iran imports radar, navigation devices worth $452 million

Business Materials 23 August 2016 10:58 (UTC +04:00)
 
 
Baku, Azerbaijan, Aug. 23
 
By Fatih Karimov – Trend:
 
Iran imported $12.865 billion worth of goods during the first four months of its current fiscal year (March 20-July 20), which indicates a seven percent decline, compared to the same period of the previous year.
 
Iran imported some 9.958 million tons of goods during that period which is 13 percent less compared to March 20-July 20, 2015, according to the latest statistics released by Trade Promotion Organization of Iran.
 
The Islamic Republic imported $452 million worth of radar and radio navigation devices in the four-month period, which is 8302 percent more compared to the same period of preceding year. Radar and radio navigation devices shared 3.5 percent of the country’s overall imports in terms of value. 
 
Rice worth $475 million topped the list of Iran's imported goods with 3.7 percent share from the country's total imports' value. Iran's rice imports indicate a rise by 57 percent year on year.
 
After rice, cars worth $475 million, car parts worth $462 million, corn fodder worth $344 million, soybean worth $315 million and medical drugs worth $305 million were other main imported goods of the Islamic Republic.
 
Tehran's car import increased by 40 percent in terms of value, meanwhile corn fodder imports indicated a fall by 22 percent in terms of value year on year.
 
The country's car parts’ imports witnessed a rise by eight percent in terms of value, however the value of the imported drugs registered a fall by five percent, according to the report.
 
The soybean imports also registered a rise by 21 percent year on year.
 
The average price for each ton of Iran's imported goods in the mentioned period was $1292, which is 6.5 percent more than the previous year.
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